Technical View of Cnx IT & Bank Nifty, 01 December 2014

Bank Nifty Intraday levels and trading tips

Today, 18620 is crucial for Intraday.

If Bank Nifty sustains below 18620 then it could test 18500 and below that level it could test 18400.

Instead, if Bank Nifty trades above 18620, then it could test 18750.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 01 December 2014

Reliance

Today, 980 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 1000. Trade short below 980 for a target of 970.